January 19, 2022
Canada Revenue Agency provides update on home office expense deduction
The Canada Revenue Agency (CRA) on January 18, provided a long-awaited update on the process for claiming home office expenses for the 2021 tax year. For the most part, the process for 2021 will be substantially similar to the process that the CRA introduced for 2020 as a result of the COVID-19 pandemic.
A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.
Full text of Tax Alert